Enhabit Sees FY24 Adj. EPS $0.19-$0.37 Vs $0.27 Est.; Revenue $1.050B-$1.063B Vs $1.076B Est.
Portfolio Pulse from Benzinga Newsdesk
Enhabit has released its financial guidance for FY24, projecting adjusted EPS between $0.19 and $0.37, which is below the estimated $0.27. The company also expects revenue to be in the range of $1.050 billion to $1.063 billion, slightly below the estimated $1.076 billion.
August 06, 2024 | 9:43 pm
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Enhabit has provided its FY24 financial guidance, with adjusted EPS expected to be between $0.19 and $0.37, below the estimated $0.27. Revenue is projected to be between $1.050 billion and $1.063 billion, slightly below the estimated $1.076 billion.
The guidance provided by Enhabit indicates lower-than-expected earnings and revenue for FY24. This is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100